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party in washington, the party of money. and frankly, if you or i were elected to congress, we'd have to behave like every member of congress does if we want to get reelected, which means we have to his top the people who provide the money for the campaigns for us to run to office, and it's not just joe six pack and mary smith. it's representatives of big corporations and wealthy individuals who come pleading, i just need a little change here to be fair. but they really want to unlevel the playing field and thwart the rigors of the market. there's no such thing as deregulation. that's only new regulation, so what we have done is taken regulations -- i'm not going to defend every regulation, but we took a regulatory scheme that looked at the interests of companies and the interests of customers and other parties, and replaced it with a system of the corporations, by the corporations, that takes away consumer rights. everything is regulated. i like to say, baseball regulates right down to how many stitches on the ball and the color of yarn. everything is regulated. most of the regulatio
money. frankly if you are ever elected to congress, we have to behave like every member of congress says because they want to get reelected, which means that to listen to people who provide money to pay for campaigns restaurant office and it's not going to be mary smith. it's going to be representatives of big corporations and wealthy individuals who just a little change here to be fair. but they want to do is on level the playing field and support the readers of the market. either way, there's no such thing as deregulation. there's only reregulation. only new regulation. i'm not going to defend every regulation code that looks at the interest of the company and customers and other parties in the place with the system that takes the consumer price. baseball regulations and everything is regulated and most of the regulations and federal code of regulations in the state were sought by corporations, business regulation of the defined playing field to prevent competitors and escape readers that the competitor market. in many cases regulations and statutes are written by the company. >> host:
in place is a set of rules that once you're elected to an office like this you can't go to work with the industry's maybe we should pay lifetime pension and remove you from the economy. i suspect as costly as that might be it would be a lot cheaper than the things we are seeing now that are extracting billions and hundreds of billions of dollars from people's pockets but a market would never allow and getting them over to these corporations. >> host: back to the telecom industry there were remote control profits that were fascinating to me. would you go over that? >> guest: in kentuckians they go the same from scotland and the your famous from being very tight. they had a monopoly cable provider charging them with incredible prices and if you had a little quicker to change channels while you were sitting on the sofa, the couch potato, it was $5 a month. they were able to cut the prices dramatically and still make money on the system and they cut it to less than a dollar even that the dollar they make tremendous money you can buy a remote if you look carefully at your cable bill
Search Results 0 to 2 of about 3